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Technology Stocks : Discuss Year 2000 Issues

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To: Ken Salaets who wrote (2117)7/10/1998 6:25:00 PM
From: John Mansfield  Read Replies (1) of 9818
 
'Small businesses are being warned that they'll lose business if they
continue to ignore the Year 2000 computer problem.

"Small companies just do not have the luxury to let this slip," says
Eugene Carlson, associate administrator of the Small Business
Administration (SBA). "This is a non-negotiable deadline."

Even though 80% of companies employing fewer than 100 people
are aware of the issue, half don't plan to address it, a Wells Fargo
Bank survey of 500 companies in April said. . . .

"It was an eyebrow raiser," says William Dennis, of the National
Federation of Independent Business. "They clearly don't see it in the
ramifications of their businesses." . . .

Despite the warnings, other small-business owners are putting their
faith in technology experts, figuring if they were smart enough to
develop the product, they also can handle any glitches.

"I think the software industry is aware of the Year 2000 problem,
and I think they're going to take care of it," says Jerry Hansen, a
Billings, Mont., accountant.

usatoday.com:80/life/cyber/tech/ctd062.htm
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